Are there actual consequences if your MD lies to you about how they allocated raises/bonuses a certain year?

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I don’t know all the details but a friend (1st year associate) was told her salary was already near what they paid the new senior associates. She happens to know what quite a few people are making in her region and says it’s not even close. My advice to her was to find a competing offer, but I’m curious...can your bosses just lie about what you’re getting paid without consequence? Seems shady but sadly I think that is the case...

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